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VIC › Mambourin › Partnership Way

Lot 466 Partnership Way, Mambourin VIC 3024

For saleHouse

$617,980

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

294 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $617,980 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $617,980(Listing record · 27 July 2026)
  • CalculationRecorded House sales in Mambourin (last 5 years) with land size: median $1,800/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 5% below the Mambourin median recorded sale ($650,000, n=81, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mambourin's advertised median rent ($490/wk), implied gross yield would be 4.12% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$617,980

Asking · $2,102/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Mambourin (last 5 years) with land size have a median of $1,800/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Mambourin at a glance

3,784

People

$650,000

Median sale

$490/wk

Median rent

3.92%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Mambourin report →

Vs Mambourin

-4.9%

Median sale

Suburb $650,000

+0.20 pp

Gross yield

Suburb 3.92%

Suburb median $650,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$617,980
Stamp Duty (Victoria)
$32,149
Transfer/Registration Fee
$1,548
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$655,377

$37,397 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Mambourin's advertised median rent — not a rent for this listing.

Net yield
2.62%
Annual cashflow (pre-tax)
$-15,925
Interest cover (DSCR)
0.50
Annual rent
$25,480
Operating expenses
$9,270
Loan amount
$494,384
Annual interest
$32,135
Gross yield
4.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

2026$668k$618k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$617,980available27 July 2026
  2. Listed$667,500available1 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $490/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mambourin in one glance

Mambourin at a glance

3,784

People

$650,000

Median sale

$490/wk

Median rent

3.92%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Mambourin report →

Keep researching

  • Why Mambourin? Read the area thesis →
  • What else is on the market in Mambourin →
  • Other records on Partnership Way →

Listing material

Listed by Turnkey Real Estate Group

Fixed Price Turnkey | 3 Bed + Alfresco | Mambourin Green | $667,500

$667,500. Fully Turnkey. Your $10K FHOG. West Gate Open. Lot 466 Partnership Way, Mambourin Green - 3 bed, 2 bath, 2 car. Architect-designed. Only $1,000 to secure today. Title Q3 2026.

This is a thoughtfully proportioned single-storey home designed for families who want genuine flexibility - a separate lounge off the main living zone gives parents and kids their own space, while the open-plan kitchen, dining and alfresco create the kind of connected, everyday flow that actually works. The main bedroom is privately positioned at the front with a walk-in robe and ensuite, and the kitchen is anchored by a walk-in pantry and Bosch appliances. The dark-toned rendered façade with vertical cladding and a recessed entry gives the street presence of a home that cost significantly more.

Key Features:

Read the full description

- $667,500 - Fixed Price. Fully Turnkey.

- Only $1,000 today to lock in the lot, fix the price, and secure the discount

- 3 bed · 2 bath · 2 car garage · 294m² lot · 10.5m frontage · Stage 4exswqas

- 7-star energy-rated, all-electric home - lower bills from the day you move in

- Mambourin Marketplace OPEN - Coles, 25 specialty stores, cafes, medical precinct

- Club Mambourin OPEN - residents pool, gym, spa, sports courts

- Schools walking distance - Laa Yulta Primary + Good News Lutheran P-12 open now

- Proposed Mambourin Train Station - CBD from one platform, Geelong from the other

- Walk or ride to Mambourin Marketplace (Coles + 25 specialty stores), Club Mambourin, two open schools and childcare

This Fixed Price Home & Land Package Includes:

- Fixed price site costs

- Front landscaping including dripper irrigation system with battery-operated timer for easy maintenance

- Rear landscaping including mulched garden beds with trees or plants along the rear boundary, turf and topping to the remaining rear and side areas, plus a dripper irrigation system connected to the tap

- Full shared fencing to side and rear boundaries, including side gate in accordance with developer guidelines

- Coloured concrete driveway

- Fold-away clothesline with coloured concrete pad

- Concrete letterbox designed to suit the home and comply with estate design guidelines

- Timber laminate flooring, carpet to bedrooms, and tiles to wet areas

- Heating and cooling

- Holland blinds throughout

- Flyscreens to all windows

- Sliding flywire doors

- Stainless steel 900mm kitchen appliances

- 2580mm high ceilings

- Stainless steel dishwasher

- Stone benchtops to kitchen

- Tiled shower bases

- Downlights throughout

- Alarm system including sensors and keypad at entry

- Bushfire Attack Level (BAL) 12.5 requirements where applicable

- Re-establishment survey of the block where required

- Choice of gold, black, or chrome tapware to kitchen

- Council infrastructure levy where applicable

- Brickwork above all windows and doors in lieu of FC sheet (excluding above garage door)

- Facade render where required for developer approval

- All developer requirements included

- Temporary fencing during construction

- Compliance with all Occupational Health & Safety build requirements

About Mambourin Green, Mambourin

Mambourin Green is Frasers Property's master-planned community 35km south-west of Melbourne CBD — and the amenity is already here. Mambourin Marketplace (Coles + 25 specialty stores) is open, Club Mambourin residents-only leisure centre is open, and both Good News Lutheran College and Laa Yulta Primary are operating. A peak-hour bus runs every 20 minutes to Wyndham Vale Station, a proposed train station is planned for the area, and 7 hectares of green space, walking trails and playgrounds are on your doorstep. Certified 6 Star Green Star community — built from the ground up by one of Australia's most experienced residential developers.

Listing description written by Jordan Wilson, Turnkey Real Estate Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Toilets: 2

Also look at

Also for sale in Mambourin

  • Lot 503 Partnership Way, Mambourin VIC 3024

    3-bed house. Asking $544K.

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  • Lot 504 Partnership Way, Mambourin VIC 3024

    4-bed house. Asking $626K.

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  • Lot 501 Partnership Way, Mambourin VIC 3024

    4-bed house. Asking $664K.

    For sale
  • Lot 505 Partnership Way, Mambourin VIC 3024

    4-bed house. Asking $653K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.